GREATER ROCHESTER ASSOCIATION OF REALTORS INC (EIN 160601887) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1910

Legal Domicile

Principal Officer

JAMES YOCKEL

Phone

5852925000

Tax Period

2024-01-01 to 2024-12-31

GREATER ROCHESTER ASSOCIATION OF REALTORS INC, founded in 1910, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE RESOURCES AND EDUCATION, PROMOTE PROFESSIONALISM AND POSITION OUR MEMBERS FOR SUCCESS. AS WELL AS, TO SUPPORT THE COMMUNITY THROUGH POLITICAL ADVOCACY OF REAL PROPERTY RIGHTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,018,044

Investment Income $62,187

Other Revenue $122,201

TOTAL REVENUE $2,202,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,446,814

Fundraising Expenses $0

Other Expenses $744,114

TOTAL EXPENSES $2,190,928

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,202,432	$1,889,164	+0.2%
Expenses	$2,190,928	$1,931,042	+0.1%
Net Income	$11,504	$-41,878	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$364,537

Total Directors

$364,537

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES YOCKEL	CEO	35.00	Officer Director	$199,410	$29,205	$228,615
SHEILA CORRIGAN	CONTROLLER	35.00	Officer Director	$116,626	$10,296	$126,922
MIKE O'CONNOR	PRESIDENT	1.00	Officer Director	$4,000	$0	$4,000
BEVERLY HOWE	SECRETARY/TREASURER	1.00	Officer Director	$2,500	$0	$2,500
TRACEY DEDEE	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON M RUFFINO	BOARD MEMBER	1.00	Director	$0	$0	$0
DON SIMONETTI	PRESIDENT-ELECT	1.00	Officer Director	$2,500	$0	$2,500
JENNA WAGNER	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER ZIZZI	BOARD MEMBER	1.00	Director	$0	$0	$0
SYLVIA RYNDOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
PENNE M VINCENT	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELA BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAIR CATILLAZ	BOARD MEMBER	1.00	Director	$0	$0	$0
RENEE DEMARS	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,202,432	$2,190,928	$2,686,169	$11,504
2023	$1,889,164	$1,931,042	$2,585,289	$-41,878
2022	$1,867,420	$1,932,529	$2,624,694	$-65,109
2021	$1,741,116	$1,781,835	$2,585,970	$-40,719
2020	$1,675,622	$1,655,537	$2,619,011	$20,085
2019	$1,786,782	$1,911,500	$2,645,306	$-124,718
2018	$1,755,862	$1,795,476	$2,606,423	$-39,614

GREATER ROCHESTER ASSOCIATION OF REALTORS INC